What does MICHELS do?

MICHELS is a specialised building contractor in Deerlijk. Private Limited, started on 1 October 1993, 1 establishment.

What is the address of MICHELS?

The registered office of MICHELS is located at Breestraat 64, 8540 Deerlijk.

Is MICHELS still active?

Yes. According to the CBE (30 October 2026) MICHELS is active, legal situation “Normale toestand”, started on 1 October 1993.

Is MICHELS registered on Peppol?

Yes, MICHELS is registered on the Peppol network with ID 0208:0451038617.

What is the enterprise number of MICHELS?

The enterprise number of MICHELS is BE0451038617.

When was MICHELS founded?

MICHELS was founded on 1 October 1993.

Is MICHELS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 October 1993; 5 annual accounts filed, latest fiscal year 2025.

How much profit did MICHELS make in 2025?

MICHELS posted a profit after taxes of € 13,613 in financial year 2025.

What is the revenue of MICHELS?

As a small company, MICHELS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 32,914.

MICHELS (Private Limited) - Deerlijk - BE0451038617

Dossier MICHELS, printed on 30 October 2026 from databakkes.be/en/0451038617/michels. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MICHELS from Deerlijk, company number BE0451038617, closed financial year 2025 with a result of € 13,613 after tax. For that financial year MICHELS recorded a gross margin of € 32,914 and equity of € 105,966. Compared with financial year 2024, the result moved from € 13,167 to € 13,613. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 105,966

▲ 15% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 13,613

▲ 3% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 68,472

▼ 43% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 87,374.

People and assets in 2025

Vehicles and equipment

€ 43,817

▲ 135% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 25,286

▼ 23% vs 2024

€ 7,652 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 4,938

▲ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,021

▲ 25% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 18,303 Gross margin 2022: € 18,303 First fiscal year in the series	€ 32,408 Gross margin 2023: € 32,408 ▲ 77% vs 2022 (€ 18,303) Favourable step	€ 27,642 Gross margin 2024: € 27,642 ▼ 15% vs 2023 (€ 32,408) Unfavourable step	€ 32,914 Gross margin 2025: € 32,914 ▲ 19% vs 2024 (€ 27,642) Favourable step	▲ 19%
Profit after taxes	€ -1,293 Profit after taxes 2022: € -1,293 First fiscal year in the series	€ 20,112 Profit after taxes 2023: € 20,112 ▲ € 21,405 vs 2022 (€ -1,293) Favourable step	€ 13,167 Profit after taxes 2024: € 13,167 ▼ 35% vs 2023 (€ 20,112) Unfavourable step	€ 13,613 Profit after taxes 2025: € 13,613 ▲ 3% vs 2024 (€ 13,167) Favourable step	▲ 3%
Equity	€ 59,074 Equity 2022: € 59,074 First fiscal year in the series	€ 79,186 Equity 2023: € 79,186 ▲ 34% vs 2022 (€ 59,074) Favourable step	€ 92,353 Equity 2024: € 92,353 ▲ 17% vs 2023 (€ 79,186) Favourable step	€ 105,966 Equity 2025: € 105,966 ▲ 15% vs 2024 (€ 92,353) Favourable step	▲ 15%
Total debts	€ 66,128 Total debts 2022: € 66,128 First fiscal year in the series	€ 76,518 Total debts 2023: € 76,518 ▲ 16% vs 2022 (€ 66,128) Unfavourable step	€ 55,093 Total debts 2024: € 55,093 ▼ 28% vs 2023 (€ 76,518) Favourable step	€ 52,886 Total debts 2025: € 52,886 ▼ 4% vs 2024 (€ 55,093) Favourable step	▼ 4%
Cash	€ 39,147 Cash 2022: € 39,147 First fiscal year in the series	€ 110,472 Cash 2023: € 110,472 ▲ 182% vs 2022 (€ 39,147) Favourable step	€ 120,499 Cash 2024: € 120,499 ▲ 9% vs 2023 (€ 110,472) Favourable step	€ 68,472 Cash 2025: € 68,472 ▼ 43% vs 2024 (€ 120,499) Unfavourable step	▼ 43%
Land & buildings	€ 5,360 Land & buildings 2022: € 5,360 First fiscal year in the series	€ 3,927 Land & buildings 2023: € 3,927 ▼ 27% vs 2022 (€ 5,360) Unchanged	€ 2,495 Land & buildings 2024: € 2,495 ▼ 36% vs 2023 (€ 3,927) Unchanged	€ 1,216 Land & buildings 2025: € 1,216 ▼ 51% vs 2024 (€ 2,495) Unchanged	▼ 51%
Retained profit	€ 40,482 Retained profit 2022: € 40,482 First fiscal year in the series	€ 60,594 Retained profit 2023: € 60,594 ▲ 50% vs 2022 (€ 40,482) Favourable step	€ 73,761 Retained profit 2024: € 73,761 ▲ 22% vs 2023 (€ 60,594) Favourable step	€ 87,374 Retained profit 2025: € 87,374 ▲ 18% vs 2024 (€ 73,761) Favourable step	▲ 18%
Bank debt	€ 47,579 Bank debt 2022: € 47,579 First fiscal year in the series	€ 40,259 Bank debt 2023: € 40,259 ▼ 15% vs 2022 (€ 47,579) Favourable step	€ 32,826 Bank debt 2024: € 32,826 ▼ 18% vs 2023 (€ 40,259) Favourable step	€ 25,286 Bank debt 2025: € 25,286 ▼ 23% vs 2024 (€ 32,826) Favourable step	▼ 23%
Balance sheet total	€ 125,201 Balance sheet total 2022: € 125,201 First fiscal year in the series	€ 155,704 Balance sheet total 2023: € 155,704 ▲ 24% vs 2022 (€ 125,201) Unchanged	€ 147,446 Balance sheet total 2024: € 147,446 ▼ 5% vs 2023 (€ 155,704) Unchanged	€ 158,852 Balance sheet total 2025: € 158,852 ▲ 8% vs 2024 (€ 147,446) Unchanged	▲ 8%

Key figures of MICHELS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MICHELS?

What happened at MICHELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 13,613 (▲ 3% vs 2024). filed late Source: NBB ↗
Dec 14, 1993 New establishment in Deerlijk. KBO
Oct 1, 1993 Start of the company according to the CBE. KBO

In short

From € 1,293 loss in 2022 to € 13,613 profit in 2025.

Paid € 12,974 in corporate taxes since 2022.

Best year ever: 2023, with € 20,112 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Breestraat 64

8540 Deerlijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0451.038.617
VAT number: BE 0451.038.617
Registered office: Breestraat 64, 8540 Deerlijk
Names & denominations: MICHELS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 1 October 1993
Peppol: Active · Active since 29 Aug 2023
Activities · NACE: Overige werkzaamheden in verband met de afwerking van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

MICHELS

Financials

What happened to MICHELS?

Establishments

Establishment units

Details

Frequently asked questions